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Holiday Inn Express & Suites Smithfield Providence

84-Key Hotel Acquisition Opportunity Near Providence, RI

Listing Contacts

Active

Asking Price:Unpriced

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Address 

1010 Douglas Pike, Smithfield, RI 02917

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Date Added
Feb 4, 2025
Days on Market
45 days
Time Since Last Update
20 days

Details

Property TypeHospitality
SubtypeHotel
Square Footage50,604
Keys84
Year Built2000
Stories15
Lot Size (acres)5.47

Investment Highlights

  1. Growing Market with High Corporate Demand

  2. High Barrier-to-Entry Market With No New Supply Within 10 Miles of the Property

  3. Strong Cash-Flowing Asset with Significant Value-Add Opportunity to Improve Performance

  4. Unencumbered by Debt and Management

  5. Long-Term Premium Branded Select-Service Franchise with Option to Extend by Completing PIP

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Listing Contacts


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